Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
If you can get your Vantage Score up 50 points, you will see positive results on the mortgage scores as well, it just may be 30 or 40 points or could be 60 to 80 point increase vs Vantage increase of 50 points.
Michael Williams
Best Tenant screening/managment app
12 January 2025 | 1 reply
I like that it’s an all-in-one platform for tenant applications, rent collection, and maintenance requests, which helps keep everything organized.
Keith Watts
Excited to see what the future holds... (Flips, Rentals, and Other Strategies)
28 January 2025 | 9 replies
It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.
Marc Zak
LLC Insurance and Taxation
31 January 2025 | 7 replies
Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
Quote from @Zara Massoud: Your new PM is correct and the old ones were wrong.The property manager must have your social security or tax ID number on file.
Alex Hall
Subto FHA problem
20 January 2025 | 57 replies
Much better than a legal filing or media attention.
Ananth Subramanian
Post eviction: Collecting Judgment amount
16 January 2025 | 8 replies
Suggest you check in with him/her on this additional service as your attorney is already intimately familiar with the file and you can often give them pre-authorized amounts to settle on vs trying to squeeze all the blood from that turnip.
Brett Riemensnider
First Year Rental Owner
19 January 2025 | 1 reply
You might need to file 1099s if you used contractors or other people whom you paid for labor:https://www.biggerpockets.com/forums/51/topics/1167632-expla...
Dallas Smith
Selling 2 properties
24 January 2025 | 5 replies
As far as your primary residence, if you have lived in it 2 out of the last 5 years, you should not have to pay taxes on capital gains (difference between what you paid for it & what you sold it for) up to $250,000 if you file your taxes as an individual and $500,000 if you file jointly with a spouse.Just a disclaimer, I am not a tax professional.
Brittney Yang
How To Structure A Partnership For Duplex Investment
29 January 2025 | 7 replies
If you were able to increase the value of the property significantly after the rehab, then you could bring the deal to a community bank to refinance and take the hard money lender out.You keep all the equity and don’t have to file a partnership return for your annual tax return, which can be costly.